Rejected by Tesco & Sainsburys... But Why?

Odette

Sorry, that is, IF you can get a loan.

Murgy91

Odette wrote: »

You seem like you dont want to listen to any advice, so theres not much more we can say.

Im sorry but i find that a bit a rude. What advice have i not listened to? Ive taken everything on board that everyone has said.

Anyway, arguing or discussions aside, since i do have no financial concept i just thought id check i was applying for the right thing in the first place, from what ive read and understand i think im correct but not 100% sure now.

I was wanting a tesco clubcard credit card as it offers 0% of balance transfers for 6 months with a 2% fee. I was going to transfer 2k to my current account and pay for the car is cash and it would probably be through auto trader and thats normally by cheque or cash in hand. I am correct in assuming i can do this? Intrest free? apart from the fee of course.

ElkyElky

Murgy91 wrote: »

Anyway, arguing or discussions aside, since i do have no financial concept

You're in for a very difficult future, trust me.

Adammmm

Sorry for butting in on the thread!

But MrTomato, who is the credit card with, the one you have? Also was you working before becoming 18?

Cheers!

MrTomato

Adammmm wrote: »

Sorry for butting in on the thread!

But MrTomato, who is the credit card with, the one you have? Also was you working before becoming 18?

Cheers!

Its a Lloyds TSB Advance Mastercard.

I wasn't working for the 8 months before turning 18 but I had money steadily going in and out, from the likes of odd-jobs for friends and family, selling stuff I've accumulated over years and money I get off my dad for when I worked for him.

And to the OP, I think a balance transfer is when you move a balance from a credit which is accruing interest to one which is cheaper/free for a certain period. You don't use it to top up your bank account for free.

Murgy91

MrTomato wrote: »

And to the OP, I think a balance transfer is when you move a balance from a credit which is accruing interest to one which is cheaper/free for a certain period. You don't use it to top up your bank account for free.

Is there a card that does this?or would i have to get a 0% purcahses card and try purchase it?

MrTomato

Murgy91 wrote: »

Is there a card that does this?or would i have to get a 0% purcahses card and try purchase it?

the latter.

Murgy91

hmmm mite be probalamatic... is there such a card that does 0% cash withdrawls? im sure there is, im going to ask my brother tonight, but want to present him with options first if that makes sense,

has any one got one of these cards? had bad experiences with them? good experiences?

MrTomato

Murgy91 wrote: »

hmmm mite be probalamatic... is there such a card that does 0% cash withdrawls? im sure there is, im going to ask my brother tonight, but want to present him with options first if that makes sense,

has any one got one of these cards? had bad experiences with them? good experiences?

You're not going to get a free cash withdrawal. Even my card, which is 0% for purchases for 6 months will charge about 3% for a withdrawal and I don't think there's an interest free period on it.

The Santander Zero doesn't charge for the withdrawal, but I don't know if interest starts immediately or not.

But you're unlikely to get one of those.

Murgy91

Yeah, thats why im going to ask my brother, he should be able to get 1, hes 26 and earns 40k a year, thanks mr tomato ill look into the santander zero, do you know of any others?

when someone pays by a credit card does the bank charge a fee for it been a credit card?